Thames Water is heavily in debt with £1.27 billion owed to creditors and has incurred £122 million in fines from Ofwat, indicating severe financial distress.
The company's decision to form a fellowship indicates a shift in strategy focused on clearer branding and committing to new game releases within a competitive market.
Patel emphasized the need for a reshaped portfolio, stating, 'Cisco has grown over the years. What happens then is that within the organization someone is responsible for the networking component, someone for compute, someone for security, someone for observability and so on.' This division led to underutilization of Cisco's capabilities, limiting their structural advantages.
